It hasn’t taken long for Google’s $1.1 billion acquisition of crowd-sourced mapping app Waze to come under scrutiny from the Federal Trade Commission. The Wall Street Journal reported over the weekend that the FTC is conducting an antitrust review of Google’s purchase of Waze that the company announced earlier this month. The Journal’s sources say that the FTC likely won’t ask Google to unwind the deal and will instead only try to decide whether Google should be barred from fully integrating Waze with its Google Maps service. The issue, the sources say, is “whether Waze would have become a head-to-head competitor with Google, whose Google Maps software is the dominant digital mapping and navigation service around the world, or whether there is any evidence, such as emails, that showed Google wanted to acquire the company only to keep it from rivals.”
Google’s Waze deal comes under antitrust scrutiny
Published Jun 24th, 2013 8:45PM EDT
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Brad Reed has written about technology for over eight years at BGR.com and Network World. Prior to that, he wrote freelance stories for political publications such as AlterNet and the American Prospect. He has a Master's Degree in Business and Economics Journalism from Boston University.
